The journal should be balanced at the end of the month by calculating the total for each analysis column: Debtors control, VAT, and Sales Return.
To complete the Debtors Allowances Journal (DAJ1) for Oak General Dealers for the month of March 2022, the following transactions need to be recorded: correction of an undercast invoice, settlement discount taken by Miss Marigold, sale to Mr. Mimosa, rebate granted to Mr. Mimosa, purchase by Miss Zinnia, and return by Miss Zinnia. To complete the Debtors Allowances Journal (DAJ1) for Oak General Dealers for the month of March 2022, the following transactions need to be recorded:
1. Correction of undercast invoice: The undercast amount of R4,000 (excluding VAT) should be recorded in the Sales Return analysis column.
2. Settlement discount taken by Miss Marigold: The settlement discount of 2% on the account balance should be recorded in the Debtors control analysis column.
3. Sale to Mr. Mimosa: The sale amount of R9,200 (including VAT) should be recorded in the Debtors control and VAT analysis columns.
4. Rebate granted to Mr. Mimosa: The rebate amount of R200 (excluding VAT) should be recorded in the Sales Return analysis column.
5. Purchase by Miss Zinnia: The purchase amount of R15,000 (excluding VAT) should be recorded in the Debtors control analysis column.
6. Return by Miss Zinnia: The return amount of R2,875 (including VAT) should be recorded in the Sales Return analysis column.
At the end of the month, the journal should be balanced by calculating the total for each analysis column: Debtors control, VAT, and Sales Return. The totals should be compared to ensure they balance and that the journal is accurately recorded.
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Glasgow sold 220 units after purchase 3 for $17.00 each. Glasgow's cost of goods sold under FIFO would be: A. $1,650. B. $1,860. C. $2,310. D. $2,100
The correct answer is option D. $2,100. Glasgow's cost of goods sold under FIFO would be $2,100.
FIFO (First In, First Out) is a method of inventory valuation that assumes that the first units purchased are the first units sold. In this case, Glasgow purchased 3 units for $17.00 each, followed by additional purchases of units at different prices. Under FIFO, the cost of goods sold is calculated based on the cost of the oldest units in inventory.
To calculate the cost of goods sold under FIFO, we need to determine the cost of the oldest units still in inventory. Since Glasgow sold 220 units, we know that the oldest units in inventory are the last 3 units purchased for $18.00 each. The total cost of those units is:
3 units x $18.00 = $54.00
The remaining 217 units were purchased at various prices, but the cost of those units is not relevant under FIFO since they were not the oldest units sold. Therefore, the cost of goods sold under FIFO is $54.00 x 220 units sold = $2,100.
Therefore, the answer is $2,100.
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if the availability of a physical commodity over the period of a futures contract has value to users of the commodity, the commodity is said to provide:
If the availability of a physical commodity over the period of a futures contract has value to users of the commodity the commodity is said to provide hedging benefits or hedging value.
Hedging benefits refer to the advantage gained by market participants who use futures contracts to manage their exposure to price fluctuations in the physical commodity.
By entering into a futures contract users can lock in a future price for the commodity which provides stability & certainty in their procurement or supply chain management.
This hedging value allows users to mitigate the risks associated with price volatility & ensure a reliable supply of the commodity at a predetermined price thereby supporting their operational efficiency & financial planning.
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if companies have identical inventoriable costs but use different inventory flow assumptions when the price of goods have not been constant, then the:
Answer:
Bigyan mo ako ng pick para maanswer
Explanation:
patawad talaga
Which of the following represents a major shift in current marketing practice?
a. From high fixed costs to low fixed costs
b. From mass marketing to individualized marketing
c. From focusing on a small base of customers to focusing on acquiring many new customers
d. All of the above
The major shift in current marketing practice is represented by: b. From mass marketing to individualized marketing.
The major shift in current marketing practice is moving from mass marketing to individualized marketing. This shift recognizes the importance of personalized and targeted approaches to reach and engage with customers. Instead of broadly targeting a large audience, companies are now focusing on understanding individual customer needs, preferences, and behaviors to deliver customized marketing messages and offerings.
Individualized marketing allows companies to tailor their marketing efforts to specific customer segments, creating more personalized and relevant experiences. It involves leveraging data and advanced technologies to gather insights about customers, analyze their behavior, and deliver targeted messages through various channels. This approach aims to increase customer satisfaction, improve conversion rates, and foster stronger customer relationships.
Option a, "From high fixed costs to low fixed costs," does not represent a major shift in current marketing practice. While cost optimization is a consideration in marketing strategies, the shift towards individualized marketing is a more significant change in how companies approach their target audience.
Option c, "From focusing on a small base of customers to focusing on acquiring many new customers," is also not a major shift in current marketing practice. Acquiring new customers has always been a key objective for businesses, and while the strategies for customer acquisition may evolve, it does not represent a significant shift in marketing practice compared to the move towards individualized marketing.
Therefore, the correct answer is b. From mass marketing to individualized marketing, as it represents a significant transformation in marketing approaches and strategies.
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HELP ASAPP!!!!! Lynda wants to learn about the benefits she could get as a nurse practitioner. Which section will she want to look at?
Training, Other Qualifications, and Advancement
Job Outlook
Employment
Earnings
Answer:
the answer is earnings
Explanation:
Earnings include you're salary and all the benefits and other additions included in the job
Which of the following is a reason you can be fired under an employment at
will policy?
A. The company relocates to a smaller facility.
B. The company learns that your parents were born in Russia.
C. The company suspects you are stealing inventory.
D. The company wants to hire a younger worker.
Answer:
A
Explanation:
Cause they might need new people if they relocate Nd might fire a lot of ppl if the working space is small
Which type of bankruptcy is when a person sells all their assets to eliminate their debt? Chapter 6 Chapter 7 Chapter 11 Chapter 13
The type of bankruptcy which occur wheen is when a person sells all their assets to eliminate their debt is Chapter 7.
What is Chapter 7 bankruptcy?Chapter 7 bankruptcy can be described as the “liquidation” bankruptcy. Businesses going through this type of bankruptcy are past the stage of reorganization and must sell off assets to pay their creditors.
It should be noted that the process works much the same for individuals however the Bankruptcy do make people who can no longer pay their debts get a fresh start by liquidating assets so that they can attend to their debts or by creating a repayment plan, in conclusion Bankruptcy laws also protect financially troubled businesses. This section explains the bankruptcy process and laws.
Therefore, option C is correct.
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Answer: it is c took the assesment and got it right
Explanation: im him
A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?.
A firm producing a good is more likely to have quality standards that are objective, a tangible product, and located away from customers
The term "goods" refers to a tangible commodity or product that can be delivered to the customer. It entails transferring ownership and possession from the seller to the buyer. On the other hand, services refer to intangible activities that are separately identifiable and satisfy wants.
Firm producing goods :
A firm combines its production factors to create goods or output. The total amount of work produced by the firm, or the firm's total product, is determined by the quantities of factors purchased or employed by the firm.
Firm providing services :
Professional services firms can be found in a variety of industries. Lawyers, advertising professionals, architects, accountants, financial advisers, engineers, and consultants are a few examples. Essentially, they can be any organization or profession that provides clients with customized, knowledge-based services.
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If real gdp per capita in the united states is $8,000 in 2022, and if real gdp per capita is $12,000 in 2032, what is the total percent change in the growth rate of gdp per capita between 2022 and 2032?
To calculate the total percent change in the growth rate of GDP per capita between 2022 and 2032, we need to use the formula for the compound annual growth rate (CAGR). The formula for CAGR is ((Ending Value/Beginning Value)^(1/Number of Years))-1.
So, using the values given in the question, we can calculate the CAGR as ((12,000/8,000)^(1/10))-1. This gives us a CAGR of 4.1%.
Therefore, the total percent change in the growth rate of GDP per capita between 2022 and 2032 is 41% (calculated by multiplying the CAGR by 10 years).
This means that the real GDP per capita in the United States is expected to grow by 41% between 2022 and 2032. This growth rate is a positive sign for the economy, as it indicates that the country is becoming more prosperous and people are becoming wealthier. This growth could be driven by various factors, such as technological advancements, increased productivity, and investment in infrastructure and education.
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analyze the merits and drawbacks of operating in a mass market.
Answer:
merits1. Cost efficiency
1. Cost efficiencyMass marketing is a cost-effective option when companies use it to advertise products that consumers consider necessities. Customized advertisements are often expensive compared to mass marketing campaigns. With mass marketing, companies might avoid using resources to contact customers individually.
2. Large scope
2. Large scopeMass marketing campaigns often reach wider audiences when compared to niche marketing techniques. Whereas niche marketing appeals to one specific type of customer, mass marketing targets all consumers in a market. When a company uses mass marketing, it sends each of its advertisements across several channels and has the potential to reach a variety of customers.
3. Brand awareness
. Brand awarenessMass marketing can increase a company's brand awareness. Customers that view a company's mass marketing campaign several times or in a variety of places may have an easier time recognizing the brand and its products. A solid brand image might discourage competition from other companies that use mass marketing and have similar products.
4. Time efficient
Time efficientMarketing teams can save time when using mass marketing techniques. Niche marketing requires professionals to create different advertisement strategies for each marketing segment. Mass marketing reduces the time spent on advertisement creation by using the same campaign for each type of customer.
drawbacks1. Customer experience
1. Customer experienceA customer's experience with a mass marketing campaign may vary depending on factors like their interests, demographics, needs and geographical location. Consumers have different needs and desires, and a single marketing campaign may not fulfill the wishes of each customer. For example, mass marketing may be successful in one geographic area but customers in other regions might not respond positively to it.
2. Inefficient for small businesses
2. Inefficient for small businessesMass marketing may be an inefficient strategy for small businesses. While it's a cost-effective option for large companies, mass marketing can be expensive for small businesses. Small businesses that sell unique products or services may find more success with customized advertisements that appeal to specific audiences.
3. Competition
3. CompetitionCompanies that rely on mass marketing may face competition from businesses that use targeted advertisements. Customers might prefer customized marketing campaigns and specific products rather than a single good or service that tries to appeal to an entire market. Consumers may specialize their searches when looking for a product to purchase and avoid interacting with mass advertisements. Additionally, new companies that try to enter the market may face competition from established businesses that rely on mass marketing to attract a consistent customer base.
Quote one purpose of the organization culture in a case study of MPUMI BOTTLE MANUFACTURE
One purpose of the organization culture in this bottling company is that it would help to create a rule for expected behavior among the employees in the organization.
What is organizational culture?This is the collection of values, what the company expects of its employees and the guides and rules to the behavior of members of the organization.
In a company, organizational culture helps to establish the norms and the ethics in the business environment.
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Riverbed Corporation's adjusted trial balance contained the following accounts at December 31,2023 : Retained Earnings $128,000; Common Shares $705,000; Bonds Payable $104,000; Contributed Surplus $205,000; Preferred Shares $57,000; Goodwill $60,000; and Accumulated Other Comprehensive Income (Loss) ($153,000). Prepare the shareholders' equity section of the statement of financial position. (Enter negative amounts using either a negative sign preceding the number e.g. −45 or parentheses e.g. (45).)
The shareholders' equity section of Riverbed Corporation's statement of financial position as of December 31, 2023, is as follows:
Shareholders' Equity:
Retained Earnings: $128,000
Common Shares: $705,000
Preferred Shares: $57,000
Contributed Surplus: $205,000
Goodwill: $60,000
Accumulated Other Comprehensive Income (Loss): ($153,000)
Total Shareholders' Equity: $1,002,000
In the shareholders' equity section, Retained Earnings represents the accumulated profits or losses of the company that have not been distributed to shareholders as dividends. Common Shares and Preferred Shares indicate the amount of capital contributed by common and preferred shareholders, respectively. Contributed Surplus represents the excess amount received over the par value of shares issued. Goodwill represents the intangible value of an acquired business that exceeds the fair value of its identifiable assets.
Accumulated Other Comprehensive Income (Loss) includes gains or losses that are not recognized in the income statement but are reported directly in the equity section. The total shareholders' equity is the sum of these individual components, amounting to $1,002,000.
In summary, Riverbed Corporation's shareholders' equity section includes Retained Earnings, Common Shares, Preferred Shares, Contributed Surplus, Goodwill, and Accumulated Other Comprehensive Income (Loss), totaling $1,002,000. This section provides a snapshot of the company's net worth and the various sources of capital invested by shareholders. It reflects the company's financial health and its ability to generate profits and create value for its shareholders.
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Which of these factors is an advantage to using cash?
Answer:
B no fees or charges
Explanation:
Your welcome
Answer:
B.no fees or changes this is the right one
Dividends reduce the forward price because they increase the cost of carry. True False
False.Dividends do not reduce the forward price because they increase the cost of carry. In fact, dividends are typically factored into the pricing of forward contracts.
The forward price is determined based on the spot price of the underlying asset, the risk-free interest rate, and any costs or benefits associated with carrying the asset until the forward contract's expiration.
Dividends, which are payments made to shareholders by a company out of its earnings, are considered benefits or returns received by the shareholders. They represent a portion of the company's profits that are distributed to the owners of the stock. Dividends are not considered costs of carry.
The cost of carry, on the other hand, includes factors such as storage costs, financing costs, and any other costs associated with holding the underlying asset until the forward contract matures. Dividends do not fall into this category.
Therefore, dividends do not reduce the forward price because they increase the cost of carry. Dividends are independent factors that are factored into the pricing of forward contracts in their own right.
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The name of Internet Web sites are referred to as their _____ name.
its domain
Answer:
Domain names . good luck ;)
Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if there were only one or two career clusters?
True or False? Hard skills will get you the job, but soft skills will allow you to keep the job.
The statement Hard skills will get you the job, but soft skills will allow you to keep the job is true.
What is hard skills and soft skills?Hard skills can be defined as the skills your possess which are the one you have as a result of been educated and the skills you possess as a result of the experience you have gain.
On the other hand Soft skills can be defined as inbuilt skills you possess that can enables you to succeed at your workplace and this skills includes the way you communicate and interact with people at your place of work.
Therefore the statement Hard skills will get you the job, but soft skills will allow you to keep the job is true.
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What two market structures would be considered imperfect competition?
Answer:
Blemished rivalry can be found in the accompanying sorts of market structures: restraining infrastructures, oligopolies, monopolistic rivalry, monopsonies, and oligopsonies. In restraining infrastructures, there is just one (prevailing) dealer. That organization offers an item to the market that has no substitute.
sorry for the wait have an amazing day<3
assume that a monopolist faces a demand curve for its product given by: p=120−3q further assume that the firm's cost function is: tc=420 11q
Assuming that a monopolist faces a demand curve given by p = 120 - 3q and the firm's cost function is TC = 420 + 11q, we can analyze the firm's profit-maximizing behavior. the profit-maximizing output for the monopolist is 18 units, and the corresponding price is $66.
First, let's express the firm's revenue (R) as a function of quantity (q): R = pq = (120 - 3q)q = 120q - 3q^2. To find the profit-maximizing output, we need to determine the point where marginal revenue (MR) equals marginal cost (MC). To calculate MR, we take the derivative of R with respect to q: MR = dR/dq = 120 - 6q.
Next, we'll find the MC by taking the derivative of the cost function with respect to q: MC = d(TC)/dq = 11. Now, we set MR equal to MC to find the profit-maximizing output: 120 - 6q = 11 6q = 109 q = 109/6 ≈ 18.17
Since firms typically produce whole units of output, the monopolist would produce 18 units to maximize profit. To find the corresponding price, we plug the optimal quantity back into the demand curve equation: p = 120 - 3(18) = 120 - 54 = 66, The corresponding price is $66.
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write any three types of continuous series??
Answer:
Exclusive series- Series in which every class interval excludes items corresponding to its upper limit.
Inclusive series- Series which includes all items up to their upper limit.
Open-end series- Series in which the lower limit of the first class interval and/or the upper limit of the last class interval is missing.
What are 3 key takeaways you have about investing in a 401(k) plan that will help you when you’re ready to make this decision in the real world?
Explanation:
1. Always be sure to contribute enough to a 401(k) to qualify for matching contributions from your employer.
2. Be aware of the underlying costs and fees of the various investments within your retirement plan.
3. You can contribute to both a personal IRA and a 401(k) plan at work.
A 401(k) plan is a type of retirement savings plan sponsored by an employer. It allows employees to contribute a portion of their pre-tax salary to a retirement account, which is then invested in a selection of mutual funds, stocks, bonds, and other assets.
These contributions and the earnings on them grow tax-deferred until they are withdrawn, typically in retirement.
One of the key benefits of a 401(k) plan is that many employers offer a matching contribution, which can help boost the account balance.
Additionally, 401(k) plans often offer a range of investment options and allow for convenient automatic contributions, making it easier for individuals to save for retirement. However, there may be fees associated with the plan, and early withdrawals may result in penalties.
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Which of the following is an output device? DVD-ROM Touchpad Hard drive Printer
The printer should be considered an output device.
The following information should be considered for an output device:
The output device is the device that transforms the information into a human-readable form. The example of the output devices includes monitor, printer, plotters, speakers, etc.Therefore we can conclude that the printer should be considered an output device.
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a high school football player who was injured when his helmet failed to protect his head from severe injury after a normal tackle in a game wants to sue the helmet manufacturer for damages. through the discovery process, it was found the manufacturer knew its football helmets did not perform as well as others on crown (i.e., head) impacts. what would have been the best step for the manufacturer to have taken to avoid a lawsuit?
The best step for the manufacturer to have taken to avoid a lawsuit is to recall the helmets to prevent any further harm. Also, they could have issued a public statement or voluntary recall notice alerting users of the issue.
A lawsuit is a civil action where a plaintiff, a person, or entity who believes that they have been harmed or injured by the conduct of the defendant, seeks legal redress. It is a legal case in which a court of law adjudicates a matter that is in dispute. The best step for the manufacturer to have taken to avoid a lawsuit is to recall the helmets to prevent any further harm.
Also, they could have issued a public statement or voluntary recall notice alerting users of the issue. A helmet is supposed to protect the head, and if it fails to do that, it can cause severe damage or even death. If the manufacturer had known that their helmets were defective and could cause harm, they should have taken swift action to rectify the situation to prevent any more harm.
Therefore, a voluntary recall or public statement would have been the best step for the manufacturer to have taken to avoid a lawsuit.
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Before a licensed agent may transact insurance, the agent must first be _________ by an admitted insurer. A Appointed
Before a licensed agent may transact insurance, the agent must first be appointed by an admitted insurer or a licensed agency which has a marketing agreement with one or more insurers.
The appointment process involves the insurer or agency granting the agent the authority to act on their behalf in selling or servicing insurance policies.
During the appointment process, the insurer or agency will typically conduct a background check and review the agent's qualifications and experience.
The agent may also be required to complete additional training or pass a licensing exam to meet the insurer's or agency's requirements. Once appointed, the agent is authorized to represent the insurer or agency and sell or service insurance policies to clients.
The agent is responsible for ensuring that they are in compliance with all applicable laws and regulations and that they act in the best interest of their clients.
In summary, before transacting insurance, a licensed agent must be appointed by an admitted insurer or licensed agency.
The appointment process involves the insurer or agency granting the agent the authority to act on their behalf in selling or servicing insurance policies, and the agent is responsible for ensuring compliance with all applicable laws and regulations and acting in the best interest of their clients.
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Complete Question:
Before a licensed agent may transact insurance, the agent must first be _________ by an admitted insurer or a licensed agency which has a marketing agreement with one or more insurers.
A) Licensed
B) Authorized
C) Appointed
D) Certified
You are a salesperson in a vitamin store. What steps can you take to move up the company?
Answer:
these are some six steps to move up the company ☝
hope it helps
Which of the following is an example of internal data in a marketing
information system?
A. Statistics showing the relationship between the company's ad
spending and competitors' sales
B. Trends in consumers' use of social media
C. Spending levels for advertising in each type of media
D. Populations of cities where the company has customers
Answer:
c
Explanation
i think
The example of internal data in a marketing information system is spending levels for advertising in each type of media.
What is internal data in marketing?Internal data is referred to that information that resides within the business atmosphere itself and could be controlled by the managing authorities of the business.
Therefore, the budget that would be spent on advertising media is generated in the business by covering the factors of marketing plans.
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The owner of a successful restaurant has gotten bored with his business. He
decides to sell it and use the money to start a food truck in a new city.
This situation is an example of which characteristic of the U.S. economy?
O A. Limiting the role of government
O B. Motivating businesses to maximize profits
O C. Prioritizing individual freedom
O D. Promoting competition
Answer:
my best guess would be C.
The owner of a successful restaurant has gotten bored with his business. He decides to sell it and use the money to start a food truck in a new city.
This situation is an example of the characteristic of the U.S. economy that motivates businesses to maximize profits. (B)
What is a business?
Business is the activity of making one's living or making money by producing or buying and selling products
What is the U.S. economy?The U.S. has a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces the free market when it comes to capital use, but it also allows for government intervention for the public good.
What is a profit?Profit, in accounting, is an income distributed to the owner in a profitable market production process.
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Banksy is most associated with which city?
Bristol
Banksy's work grew out of the Bristol underground scene, which involved collaborations between artists and musicians. Banksy says that he was inspired by 3D, a graffiti artist and founding member of the musical group Massive Attack.
who here from K12? (sorry for asking this question)
Answer:
Explanation:
Answer:
Not I.
Explanation:
This is just constructive criticism, but I don't recommend listing your school here.
There are two basic areas of science:
and applied science.
A.mental
B.information
C.pure
Answer:
Basic science, such as understanding how cells work, is research aimed at understanding fundamental problems.
Applied science, such as the medical field, is the application of basic scientific knowledge to solve practical problems.
Applied science uses and applies information obtained through basic science.
Explanation:
So, option B is the correct
Information ℹ️